Web3 startup Unstoppable Domains Inc. and Ethereum scaling answer Polygon teamed up immediately to launch “.polygon” domains for the Polygon blockchain in order that customers can extra simply log into Web3 functions operating on its companies.
With the brand new top-level area, customers can be in a position extra simply to log into Web3 decentralized functions, ship and obtain cryptocurrencies, commerce with nonfungible tokens and work together with decentralized web sites constructed on the Polygon ecosystem.
“Web3 domains will give our neighborhood a digital identification that they totally personal, to allow them to log into dapps with out making a gift of their private info and transact crypto with out prolonged pockets addresses,” stated Sanket Shah, vice chairman head of progress enterprise improvement at Polygon, stated within the announcement.
Unstoppable Domains permits customers to create their very own profiles that present single-sign-on companies for decentralized apps, or dapps. They’re central to Web3, which refers to peer-to-peer networks constructed on blockchain expertise. Person identification is verified utilizing blockchain-based domains constructed on crypto tokens that the customers themselves management.
The opposite good thing about a blockchain area title is that it acts as a human-readable handle for a blockchain pockets. Wallets retailer, obtain and ship cryptocurrency and crypto tokens, however they’re additionally addressed with difficult-to-remember cryptographic addresses which are typically lengthy strings of letters and numbers. An Unstoppable Area comparable to “myaddress.crypto” could possibly be used as an alternative of the pockets addresses 64 letters and numbers to ship and obtain cryptocurrency.
Unstoppable Domains will use Polygon itself to mint new domains with no transaction charges. Customers will be capable to use their digital identities to entry greater than 750 dapps, video games and metaverse experiences on Polygon.
“Person-owned digital identification is the way forward for the web, and with the Polygon ecosystem, we’re placing the ability of user-owned digital identities into extra individuals’s fingers,” stated Sandy Carter, chief working officer at Unstoppable Domains.
The brand new domains will be purchased from Unstoppable Domains beginning immediately and the brand new .polygon domains are on sale at a reduction for a short while. Following the sale, unique domains may also be bought beginning March 16, comparable to “gamer.polygon,” and two- or three-digit domains, comparable to “00.polygon.”
Picture: Polygon
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